Global Produce Packaging Market, By Packaging Type (Corrugated Boxes, Bags and Liners, Plastic Containers, Trays and Others), Application (Food grains, Vegetables and Fruits), End User (Growers and Shippers, Repackers and Retail Stores), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Produce Packaging Market
Data Bridge Market Research analyses that the produce packaging market will project a CAGR of 5.10% for the forecast period of 2022-2029. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies such as India and China, surging demand for innovative packaging solutions that are developed with advanced and innovative methods of manufacturing, growing application and usage of corrugated boxes, bags and liners, and trays, for packing and transporting food grains, vegetables, and fruits and their application by a wide range of industry verticals and increased personal disposable income are the factors driving the growth of produce packaging market.
From the name itself, it is clear that produce packaging refers to the packaging materials and solutions that are used to package the fresh produce, store it and transport it to several locations. Produce packaging keeps the produce intact and protects it against harmful environmental factpos. Produce packaging offers a high degree of convenience in handling and adds to the portability characteristic. A wide range of materials are used to package the produce depending upon the weight and nature of the produce to be stored or transported.
Rising urbanization, modernization, and globalization is driving the growth in the produce packaging market value. Growing transportation of food grains, vegetables, and fruits via all kinds of distribution channel, rising capacity of packaging in the tracing manners, and surging development in the flexible packaging solution will further induce growth in the produce packaging market value. Surging research and development proficiencies, growing awareness about the availability of environmental friendly packaging solutions, surging demand for convenience food products due to change in lifestyle and alternative eating habits, growing technological advancements in the packaging equipment and technology, increased proliferation of e-commerce industry and rising concerns of consumers regarding contamination and food safety are some other produce packaging market growth determinants.
However, supply chain disruptions owing to the covid-19 pandemic will create hindrances for the produce packaging market growth rate. Fluctuations in the prices of raw materials will further dampen the produce packaging market growth rate. Stringent regulations imposed by the government on certain packaging materials will hamper the produce packaging market growth rate.
This produce packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on produce packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Produce Packaging Market Scope and Market Size
Global produce packaging market is segmented on the basis of packaging type, end user and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of packaging type, the produce packaging market is segmented into corrugated boxes, bags and liners, plastic containers, trays, and others. Plastic containers are further segmented into cups, tubs, bowls, and others. Others are derived into plastic film, moulded pulp containers and wooden crates.
- On the basis of application, the produce packaging market is segmented into food grains, vegetables, and fruits.
- On the basis of end user, the produce packaging market is segmented into growers and shippers, repackers, and retail stores.
Produce Packaging Market Country Level Analysis
The global produce packaging market is analysed and market size insights and trends are provided by country, packaging type, end user and application as referenced above.
The countries covered in the produce packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region will dominate the global produce packaging market during the forecast period owing to the increasing application of flexible packaging solutions by the various industries. Asia-Pacific will score the highest growth rate owing to the growing number of manufacturing industries, growth and expansion of various end user verticals, rapid industrialization, and increased personal disposable income.
The country section of the produce packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Produce Packaging Market Share Analysis
The produce packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to produce packaging market.
Some of the major players operating in the produce packaging market Amcor plc, Bemis Company Inc., Tetra Laval International SA., Mondi, WestRock Company, BASF SE, Sonoco Products Company, Smurfit Kappa, Sealed Air, Huhtamaki Oyj, Gerresheimer AG, BALL CORPORATION, Ardagh Group S.A., Crown, DS Smith, Berry Global Inc., Reynolds Packaging, Genpack LLC, DuPont, and Evergreen Packaging LLC. among others.
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